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Future Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

CRUDE OIL (E-MINI) Oct 2022 (NYMEX:QM.V22)

Weak Downtrend (-65) - QM.V22 is showing signs of a strengthening downtrend. Monitor QM.V22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid QM.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QM.V22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QM.V22
Open High Low QM.V22 Price Change
94.775 96.000 93.200 93.950 +1.450
Entry Signal

MarketClub’s Trade Triangles for QM.V22

long term up The long-term trend has been UP since Jan 7th, 2022 at 74.775

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2022 at 102.850

short term down The short-term trend has been DOWN since Jul 5th, 2022 at 99.225

Smart Scan Analysis for QM.V22

Based on our trend formula, QM.V22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for QM.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.775 96.000 93.200 93.950 +1.450
Prev. Close Volume Bid Ask Time
92.500 40 2022-07-06 06:27:25
Expiration2022-09-19Open Time18:00
Close Time17:00
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